China Automotive Systems Reports 77.0% Net Sales Increase and Return to Profitability in the First Quarter of 2021
WUHAN, China, May 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the first quarter endedMarch 31, 2021. First Quarter 2021 High...
China Automotive Systems to Announce Unaudited 2021 First Quarter Financial Results on May 12, 2021
WUHAN, China, May 6, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter endedMarch 31, 2021, on Wednesday, May 12, 2021, before ...
China Automotive Systems' South American Unit Sales to Increase Approximately 200% In 2021
WUHAN, China, April 15, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that its joint venture, Brazil Henglong, expects an approximate 200% increase in its steering unit...
China Automotive Systems Reports Fourth Quarter and Fiscal Year 2020 Results
WUHAN, China, March 30, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the fourth quarter and the audited results for the fiscal yea...
China Automotive Systems Introduces New EPS Product to Empower ADAS
WUHAN, China, March 22, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today provided an update on its new Electric Power Steering (EPS) product. This new EPS product is based upon pro...
China Automotive Systems to Announce Unaudited 2020 Fourth Quarter and Audited 2020 Year Financial Results on March 30, 2021
WUHAN, China, March 16, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter and audited financial results for the year endedDece...
China Automotive Systems Announces Hearing on February 5, 2021 on Proposal to Settle Stockholder Derivative Lawsuit
WUHAN, China, Dec. 7, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that a settlement hearing will be held onFebruary 5, 2021 at 11:00 a.m. EST at the Court of Chancery...
China Automotive Systems Registered Record High Monthly Shipments to Commercial Vehicle Market in China
- Reached monthly run rate of 70,000 steering units shipped to leading Chinese OEMs andNorth America aftermarket - - New steering product and production line are ready for autonomous driving trucks and buses - WUHAN, China, Dec. 3, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: ...
China Automotive Systems Significantly Increased Sales to the Rising Chinese EV Market in 2020
- 120,000 steering units shipped for electric vehicle ("EV") models so far in 2020; may reach over 140,000 units by year end 2020 - - targets sales of over 200,000 steering units for Chinese EV vehicles in 2021 - WUHAN, China, Nov. 30, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasda...
China Automotive Systems Reports Unaudited 2020 Third Quarter Results
WUHAN, China, Nov. 12, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2020. ...
China Automotive Systems to Announce 2020 Third Quarter Unaudited Financial Results on November 12, 2020
WUHAN, China, Nov. 9, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third quarter endedSeptember 30, 2020, on Thursday, November 12, 2020...
China Automotive Systems Announces Share Repurchase
WUHAN, China, Aug. 25, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"),a leading power steering components and systems supplier inChina, today announced that its board of directors approved a share repurchase program of up to$5 million of its outstandi...
China Automotive Systems Reports 2020 Second Quarter Unaudited Financial Results
WUHAN, China, Aug. 14, 2020 /PRNewswire/ -- China Automotive Systems, Inc. ("CAAS" or the "Company") (NASDAQ: CAAS), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the second quarter and six months endedJune 30, 2020. Second...
China Automotive Systems Announces Annual Meeting Conference Call on August 17, 2020
WUHAN, China, Aug.6, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced the conference call and webcast information for the Annual Meeting of Stockholders of China Automoti...
China Automotive Systems to Announce 2020 Second Quarter Financial Results on August 14, 2020
WUHAN, China, Aug. 6, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter endedJune 30, 2020, on Friday, August 14, 2020, before...
China Automotive Systems Reports 2020 First Quarter Results
WUHAN, China, June 23, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier inChina, today announced its unaudited financial results for the first quarter endedMarch 31, 2020. First Quarter 2020 Hig...
China Automotive Systems to Announce 2020 First Quarter Financial Results on June 23, 2020
WUHAN, China, June 15, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the first quarter endedMarch 31, 2020, on Tuesday, June 23, 2020, before...
China Automotive Systems extends filing date for 2019 annual report
WUHAN, China, March 23, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that is has extended it's 2019 annual report filing date toMay 14, 2020 pursuant to the U.S. Sec...
China Automotive Systems Provides Updates on Reopening of Production Centers
WUHAN, China, March 12, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today provides an update on the reopening of its operations inChina. As of March 10th, CAAS's production center...
China Automotive Systems Provides Updates on Electric Motor Subsidiary
WUHAN, China, Dec. 10, 2019 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today provided an update on its electric motor subsidiary, Hyoseong (Wuhan) Motion Mechatronics System Co. Ltd. (...